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Mizuho Securities Remains a Hold on Moody’s (MCO)

Tipranks - Tipranks - Tue Feb 24, 8:04AM CST

In a report released today, Sean Kennedy from Mizuho Securities maintained a Hold rating on Moody’s, with a price target of $524.00.

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Kennedy covers the Technology sector, focusing on stocks such as Accenture, Cognizant, and Epam Systems. According to TipRanks, Kennedy has an average return of -19.6% and a 17.86% success rate on recommended stocks.

In addition to Mizuho Securities, Moody’s also received a Hold from BMO Capital’s Jeffrey Silber in a report issued on February 19. However, today, Barclays maintained a Buy rating on Moody’s (NYSE: MCO).

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Based on Moody’s’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.89 billion and a net profit of $610 million. In comparison, last year the company earned a revenue of $1.67 billion and had a net profit of $395 million

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